Donate your leftover currency: Over £100,000 raised in 2020

Donate your leftover currency: Over £100,000 raised in 2020

Despite the economic slump caused by Covid-19, we have exchanged over £100,000 pounds for charities so far in 2020. That is an amazing amount, topping all previous years!

This means a lot for the charities we work with and they are super grateful for the generous donations made by so many people who chose to give away the value of their leftover travel money to raise funds for good causes. A big Thank You to everyone who donated!

1000 lira coin – Turkey’s high denomination inflation coins

1000 lira coin – Turkey’s high denomination inflation coins

As we will explain further below, Turkey was going through a period of hyperinflation in the 1990’s and 2000’s. As a result, the value of the Turkish Lira dropped and the country was forced to mint coins in ever greater denominations.

To avoid having too many zeroes on the coins, the Turkish government decided to use the word ‘One Thousand’ instead, which in Turkish is ‘Bin’. From 1994 until 2004, coins were minted in denominations of 10 bin lira (10,000), 25 bin lira (25,000), 50 bin lira (50,000), 100 bin lira (100,000) and 250 bin lira (250,000).

Can old currency be exchanged now?

Can old currency be exchanged now?

Currency for which the exchange deadline has expired no longer has a monetary value. So-called ‘demonetised‘ banknotes and coins have no value except for the raw materials they are made off, and a possible collector value to . A banknote or coin’s collector value is determined by its condition, rarity and popularity among collectors.

At Leftover Currency we continue to exchange a number of currencies for which the exchange deadline has expired. Although we pay less than the old face value, we are still able to pay a fair amount for old demonetised currencies such as the Cypriot Pound, French Franc, Italian Lira, Greek Drachma or Maltese Pound.

Foreign Coin Exchange FAQs

Foreign Coin Exchange FAQs

Leftover Currency converts foreign coins, old banknotes and obsolete currencies to cash, quickly and easily.

Leftover Currency,
Unit 1 Portland Business Centre,
Manor House Lane,
Datchet SL3 9EG,
United Kingdom

Money Quiz Questions

Money Quiz Questions

At the time of writing, in 2020, there are nineteen countries in the Eurozone:

Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

What is the value of a 100,000 Republika Hrvatska banknote?

What is the value of a 100,000 Republika Hrvatska banknote?

Does that mean you can exchange these 50,000 and 100,000 Croatian Dinara banknotes for these amounts? Again, unfortunately not. The exchange deadline for Hrvatskih Dinara banknotes expired shortly after they were replaced by the Kuna banknotes. Croatian Dinara banknotes have no more monetary value and should be considered as collectable items, or so called ‘numismatic pieces’. So are the 50,000 and 100,000 dinara banknotes maybe rare collector items with a high collector’s value? Again, no.

In 1996, the Croatian National Bank flooded the collector market with 600,000 sets of invalid dinar banknotes in denominations of 1, 5, 10, 25, 100, 500, 1,000, 2,000, 5,000, 10,000, 50,000 and 100,000 Croatian Dinar series, in uncirculated mint condition in the original packaging of cash receivers. 

According to the numismatic catalog ‘Coins and banknotes from Yugoslavia, Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Montenegro and Macedonia‘ by Zlatko Viščević, the collector’s value, or ‘catalog value’ of the two highest denomination Croatian Dinara banknotes is the following: 

Extra currencies added – April 2018

Extra currencies added – April 2018

In addition to the more recent series of Luxembourgish Franc banknotes which are still exchangeable for a monetary value, we have added the older Luxembourgish Franc banknotes to the site as well. These demonetized banknotes from the Grand Duchy of Luxembourg only have a collectible value, no monetary value. We are able to exchange them and our exchange rate covers the collectible value of these pre-euro Luxembourgish banknotes.

Get started here: Exchange demonetized Luxembourgish Franc banknotes.

500 DDR Mark and 200 DDR Mark: East Germany’s mysterious banknotes

500 DDR Mark and 200 DDR Mark: East Germany’s mysterious banknotes

There are a number of theories about why the banknotes of 200 and 500 DDR-marks were never issued. A popular theory is that the value of the banknotes was deemed too high, and that introducing them might have caused inflation.

Another theory is that the banknotes were printed only to be issued in case of war with the West. This is similar to the $4 Billion cash the American Federal Reserve stored in a the Culpeper cold war bunker near Mount Pony, Virginia.

Source: welt.de

Extra currencies added – July 2018

Extra currencies added – July 2018

Leftover Currency converts foreign coins, old banknotes and obsolete currencies to cash, quickly and easily.

Leftover Currency,
3rd Floor,
207 Regent Street,
London W1B 3HH,
United Kingdom

Amazing coin facts

Amazing coin facts

This coin fact may seem unlikely but it is scientifically proven to be true: The chance of a coin coming up as started is 51%, more than half. Meaning, if you flip a coin starting with heads up, there is a 51% chance the the coin-toss result is heads up. This was proven by Stanford professor Persi Dianconis. Source: Dynamical bias in the coin toss.

More people start a coin toss with heads facing up, compared to tails. Therefore, heads is a more likely outcome than tails in a coin toss up.